Compare the missing data indicated by the question marks from the following Particulars A B Standard price unit Rs 12 Rs 15 Actual price unit Rs 15 Rs 20 Standard input (kgs) 50 Actual input (kgs) 70 Material price variance Material usage variance Rs 300 (A) Material cost variance Material mix vari...

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Compare the missing data indicated by the question marks from the following: Particulars A B Standard price/unit

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Compare the missing data indicated by the question marks from the following:

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 16, 2024 04:08 AM

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Compare the missing data indicated by the question marks from the following: Particulars A B Standard price/unit

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Particulars A B Standard price/unit Rs. 12 Rs. 15 Actual price/unit Rs. 15 Rs. 20 Standard input (kgs) 50 ? Actual input (kgs) ? 70 Material-price variance ? ? Material-usage variance ? Rs. 300 (A) ? ? Material-cost variance Material-mix variance for both products together is Rs. 45 (Adverse).

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Cost Accounting

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